Parsons Capital Management Inc. RI Trims Stock Position in Schwab US Small-Cap ETF (NYSEARCA:SCHA)

Parsons Capital Management Inc. RI lessened its stake in Schwab US Small-Cap ETF (NYSEARCA:SCHA) by 11.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,725 shares of the company’s stock after selling 1,431 shares during the period. Parsons Capital Management Inc. RI’s holdings in Schwab US Small-Cap ETF were worth $509,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently made changes to their positions in the company. Tennessee Valley Asset Management Partners purchased a new position in shares of Schwab US Small-Cap ETF during the fourth quarter worth approximately $28,000. Atlantic Edge Private Wealth Management LLC purchased a new position in Schwab US Small-Cap ETF during the 4th quarter worth $29,000. Gradient Investments LLC increased its stake in Schwab US Small-Cap ETF by 215.9% in the first quarter. Gradient Investments LLC now owns 635 shares of the company’s stock valued at $31,000 after purchasing an additional 434 shares during the period. First Financial Corp IN purchased a new stake in shares of Schwab US Small-Cap ETF in the second quarter valued at about $35,000. Finally, Triad Wealth Partners LLC acquired a new stake in shares of Schwab US Small-Cap ETF during the second quarter worth about $36,000.

Schwab US Small-Cap ETF Trading Up 1.1 %

Shares of Schwab US Small-Cap ETF stock traded up $0.52 during trading hours on Monday, hitting $49.98. 604,815 shares of the company were exchanged, compared to its average volume of 1,046,415. The business has a 50-day moving average of $48.49 and a 200-day moving average of $47.81. Schwab US Small-Cap ETF has a 1 year low of $38.05 and a 1 year high of $52.39. The stock has a market capitalization of $17.42 billion, a price-to-earnings ratio of 14.51 and a beta of 1.19.

Schwab US Small-Cap ETF Profile

Schwab U.S. Small-Cap ETF (the Fund) seeks to track the total return of the Dow Jones U.S. Small-Cap Total Stock Market Index. The Dow Jones U.S. Small-Cap Total Stock Market Index includes the components ranked 751-2500 by full market capitalization. The Index is a float-adjusted market capitalization weighted index.